Asean morning news for May 15

Asean morning news for May 15
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Asean morning newsAsean morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu


‘Dark storm clouds’ could threaten regional maritime security and prosperity: Ng Eng Hen
There are “dark storm clouds” that could threaten maritime security in the region, and these include countries adopting different rules when staking territorial claims or conducting freedom of navigation exercises at sea, Defence Minister Ng Eng Hen said on Tuesday (May 14).

Australian ‘boiler room’ scammers try flying dozens of south-east Asian call centre workers to Queensland
Scammers have attempted to fly people into the Australia from Southeast Asia to work in call centres that are designed to rip people off by pushing dodgy investments.
— 9News

China border province saw solid trade with ASEAN countries in first 4 months
Southwest China’s Yunnan Province saw its foreign trade volume rise by 10.1 percent in the first four months of 2019, with ASEAN countries powering the growth.
— Xinhuanet

Why the trade war is ‘fairly negative’ for Southeast Asia
The U.S.-China trade dispute may have accelerated the process of foreign direct investment entering Southeast Asian countries such as Thailand and Vietnam, but “nobody wins” if protectionism rises, least of all these “trade dependent” markets, says Euben Paracuelles of Nomura.
— Yahoo Finance (video)

Hydrogen may be key to ASEAN’s green future
The Association of Southeast Asian Nations consumes 4.5 million barrels of oil every day, with more than 40 percent of the demand met by imports, according to the International Energy Agency, a Paris-based autonomous intergovernmental organization.

Deutsche Bank responds to growing Asean trade finance demand with new GTB role
Deutsche Bank has appointed Burkhard Ziegenhorn to the newly-created role of global transaction banking (GTB) head of Southeast Asia (Asean countries), effective June 1.
— Global Trade Review

Big Upsurge In E-Commerce Drives Southeast Asia’s Online Economy
On my first visit to Indonesia nine years ago, I had to pay for my outbound airline ticket using cash (rupiah) at a travel agency because local carriers didn’t accept online payments.
— Forbes

ASEAN Community promotes moderation to halt spread of radicalism
The Association of Southeast Asian Nations (ASEAN) Community has vowed to continue promoting cultures which embrace moderation and the expansion of literacy, in a bid to halt the proliferation of radicalism, cyberbullying and hoaxes.
— Antara News

Asean’s response to disaster
Southeast Asia shares a number of disaster risks which have increased in frequency over the past decade.
— Khmer Times

South Korea aims to attract more ASEAN tourists | Video
More tourists are making their way to South Korea, including many Chinese tourists who stayed away over a political dispute between the two countries.

ASEAN, Japan agree to step up technical cooperation
An ASEAN – Japan agreement on technical cooperation was signed in Tokyo on May 13, the first of its kind sealed between the bloc and its dialogue partner.
— Vietnamplus

Regional cooperation needed to protect precious marine environment
Regional co-operation will be essential in preserving the marine environment and ensuring sustainable fisheries management and food security in the ASEAN region, speakers said yesterday at an international workshop held in the central province of Khánh Hòa.
— Viet Nam News

Escalating global trade tension to impact growth in Asean economies
The escalating US-China trade war is expected to put further downward pressure on already-declining global economic growth, particularly in 2020, RHB Research Sdn Bhd (RHB Research) observed in its Economics View report yesterday.
— Borneo Post Online

Rainforest Cruises Introduces Travel Deals for New Boutique Mekong River and Irrawaddy River Cruises in Southeast Asia
Rainforest Cruises, a premier provider of exotic river cruise travel packages, is pleased to announce new cruise itineraries along the Mekong River and Irrawaddy River.
— Yahoo Finance (media release)

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Cambodia morning newsCambodia morning news

Compiled by John Le Fevre          @photo_journ


Durian yields to decrease
Durian production in Kampot and Kampong Cham provinces will decrease this year due to unfavourable weather conditions, according to the provincial agriculture departments.
— Khmer Times

Surrogate mothers freed on bail
Forty-three pregnant women, charged in connection with two surrogacy businesses in Phnom Penh last year, have been released on bail, a senior official said today.
— Khmer Times

WWF calls on governments to reduce hydropower dependency
The World Wildlife Foundation is calling on governments to develop and utilise renewable energy in order to reduce dependency on hydropower dams, noting that only 37 percent of the world’s longest rivers remain free-flowing.
— Khmer Times

See here for more of today’s Cambodia morning news

Indonesia morning newsIndonesia morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu


Indonesia to Unveil Sharia Economic Master Plan
Indonesia will aim to push interest-free Islamic banking into the mainstream and boost domestic production of halal (permissible) foods, products and services when the world’s most populous Muslim-majority country unveils its first Sharia economic master plan on Tuesday, a government official said.
— Benar News

Indonesia’s first-quarter current account deficit in 2019 shrinks: BI
Indonesia’s current account deficit narrowed to US$7 billion in the first quarter (Q1) of 2019, thereby making its economy more resilient to external shocks.
— Antara News

Indonesia’s quest for a new capital gains fresh impetus
News that Indonesia is looking to relocate its capital city has been received enthusiastically by those hoping their cities will be picked as the new location.
— The Straits Times

See here for more of today’s Indonesia morning news


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Lao PDR morning newsLao PDR morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu


Laos lowers target for trade value with South Korea
Laos has reduced its trade value target including for both imports and exports with South Korea this year compared to the figure for last year after a drop in the annual trade value by both countries.
— ANN/ Vientiane Times

Accelerating Healthy Agriculture Project Launched To Improve Nutrition
The Lao PDR has received over EUR 11 million boost, aiming to improve the nutrition outcome of almost 24,000 women of reproductive age (15-49) and over 11,000 children in the Lao PDR.

Plain of Jars to become Laos’ third World Heritage Site
The Plain of Jars in Xieng Khuang province is set to become an even bigger tourist attraction if the site is named a UNESCO World Heritage Site as expected when the UN body meets in Azerbaijan from June 30 to July 7.
— Vientiane Times

See here for more of today’s Lao morning news

Malaysia morning newsMalaysia morning news

Compiled by Sreypov Men           @MenSreypov


Malaysia’s Sabah-Sarawak pipeline shut for repairs – sources
Malaysia’s state oil and gas company Petroliam Nasional Bhd has temporarily shut the Sabah-Sarawak pipeline that feeds gas to its liquefied natural gas (LNG) complex at Bintulu in the state of Sarawak, two industry sources said on Tuesday.
— Today Online

Malaysia’s 1Q GDP growth seen cooling on weak demand, exports
Malaysia’s economic growth pace likely slowed in the first quarter, due to tepid consumption and softer global demand as a result of the US-China trade war, a Reuters poll showed.
— The Edge Market

Malaysia can generate more electricity if all roofs use solar panels, says Yeo
Malaysia can generate 1.4 times more electricity if all the roofs in Peninsular Malaysia are fitted with solar panels, compared with the conventional electricity generation of fossil fuel burning.
— The Star Online

See here for more of today’s Malaysia Morning News

Myanmar morning newsMyanmar morning news

Compiled by Sreypov Men           @MenSreypov

UN mission urges financial isolation of Myanmar’s military
A United Nations fact-finding mission urged Tuesday that countries cut off all business with Myanmar’s military as part of efforts to hold the army accountable for human rights abuses.
— Bangkok Post

Petrol prices anchored by strengthening kyat: officials
The strength of the Myanmar kyat has been a key factor in helping go stabilise local petrol prices at a time when global oil prices have become increasingly volatile.
— Myanmar Times

Myanmar to buy power from China
Myanmar will buy 1000 MW of electricity from China as a quick solution to an ongoing domestic shortage. It will sell the excess to other countries if needed, said U Soe Myint, deputy permanent secretary from the Ministry of Electricity and Energy (MOEE).
— Myanmar Times

See here for more of today’s Myanmar morning news

Philippines morning newsPhilippines morning news

Compiled by Stella-maris Ewudolu          @stmarisewudolu


SC orders government to comment over writ of kalikasan
The Supreme Court (SC) gave the government yesterday (May 14) 10 days to comment on the protection order issued to protect, preserve and rehabilitate the marine environment in areas in the West Philippine Sea.
— Manila Bulletin

Duterte’s allies crush the opposition
Philippine President Rodrigo Duterte’s allies were poised for victory in midterm polls, unofficial results showed Tuesday, signalling firm approval of his rule and clearing a path for his most controversial plans.
— The Asean Post

Election-related violence down by 60%: PNP
Incidents of election-related violence this year declined by 60 percent as compared to the last elections, the Philippine National Police (PNP) said Tuesday.
— Philippine News Agency

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Singapore morning newsSingapore morning news

Compiled by John Le Fevre          @photo_journ


SoCash turns shops into cheaper ATMs for banks
BANKS in Singapore spend about US$200 million a year on ATM maintenance, logistics, insurance, counting and cleaning cash, and a host of other expenses just to maintain circulation of physical cash, estimates Singapore startup SoCash.
— The Business Times

S’pore leaders stress need for strong consensus on maritime rules
A strong consensus must be built around existing maritime-based rules by all countries to ensure the shared use of the seas, two Singapore leaders said yesterday, as they underlined how crucial the seas are to trade and to Singapore’s prosperity.
— Straits Times (annoying popups)

Hyflux set to lose control of Tuaspring integrated plant
Hyflux is set to lose Tuaspring Integrated Water and Power Plant (IWPP), which was once its largest asset but has now been flagged by some analysts as a millstone around the neck of the embattled water treatment company.
— Straits Times (annoying popups)

See here for more of today’s Singapore morning news


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Thailand morning newsThailand morning news

Compiled by John Le Fevre          @photo_journ


Export growth nears 4-year low
Exports are expected to record their lowest growth in four years as a result of the EU-Vietnam Free Trade Agreement (EVFTA) and the renewed Sino-US trade war.
— Bangkok Post

Regulator makes last-minute changes to draft of licence sale
The telecom regulator has reduced the amount of bandwidth contained in each licence for the planned sale of three 700-megahertz licences from 15MHz to 10MHz, lowering the reserve price from 25-27 billion baht to 17.58 billion.
— Bangkok Post

Cabinet approves mandatory health insurance for long-stay visas
The Ministry of Public Health (MoPH) has announced that Cabinet has approved mandatory health insurance as a new requirement for all foreigners staying in the country on one-year Non-Immigrant O-A “visas”, or “permits-to-stay” – better known simply as ‘retirement visas’.
— The Phuket News

See here for more of today’s Thailand morning news

Vietnam morning newsVietnam morning news

Compiled by Sreypov Men           @MenSreypov


HCM City: 46.8 percent of FDI goes to property sector
Real estate was the most attractive sector for foreign direct investment (FDI) in Ho Chi Minh City in the first four months of the year with 164.58 million USD, or 46.8 percent of total FDI.
— VietnamPlus

Smarter tax policies needed for the development of Vietnamese tech companies
Technology enterprises are the core group than can help boost Vietnam`s economy rapidly as it grows 2.5 times faster than GDP.
— The Hanoitimes

Vietnam jails two women for anti-govt activities
A court in southern Vietnam has handed two female activists long prison terms for spreading online material against the communist government.
— UCA News

See here for more of today’s Vietnam morning news


The Asean morning news roundup and its individual country morning news round-ups are the most comprehensive hand-curated selection of news reports from around the Asean Economic Community (AEC) published. We scour hundreds of local and international news and websites to find the things that you need to know to start your working week day.

We clearly identify the source of the story, whether it is behind a paywall, a media release, or whether the site uses annoying pop-up advertising or auto-play video, in case those things annoy you. It’s all then packaged up in an easy to read format enabling you to make an informed choice of whether you want to learn more by clicking directly through to the original source, or keep on reading the headlines. AEC News Today: Governance, not government; policies not politics.


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